Welcome to the California Public Utilities Commission California Broadband Loan Loss Reserve Fund email list! We are excited to bring you news, updates, and information on funding opportunities for this program.
What is the California Broadband Loan Loss Reserve Fund?
The California Broadband Loan Loss Reserve Fund is a new $750 million credit enhancement fund under Senate Bill 156 that provides local government agencies and nonprofits who are deploying broadband infrastructure to borrow from bond markets and financial institutions at more favorable terms.
How does Loan Loss Work?
The California Broadband Loan Loss Reserve Fund enables public entity broadband leadership and encourages lenders or investors to invest in the California broadband market by providing protection against a certain percentage of the lender’s risk of loss in a given financial transaction.
